Alexander's Blog: Muammar Qaddafi Dead
Please refer to my introductory blog post to understand what I'm trying to do with this blog: http://www.wallstreetoasis.com/blog/introduction-t...
The Libyan State TV stated this morning that Muammar Qaddafi has been captured. The reports have been conflicting and it is yet to be confirmed by an international organization that this is in fact true. Here's a few news links with the story:
http://www.bloomberg.com/news/2011-10-20/qaddafi-r...
http://www.bbc.co.uk/news/world-middle-east-153859...
Which assets might be affected by this report:
1. The obvious one is oil. There should be an increase in oil price volatility in the next few days as things are confirmed and world leaders/OPEC chime in on the events. I predict that midterm (2-6 months) we shall see a modest rise in the price of oil as the result of this event.
2. Oil producers, oil services, telecommunications, and defense contractors. Now that Qaddafi is dead, companies that had big operations in Libya shall be moving faster to ensure they have the production.revenue levels they had in Libya pre revolution times. Companies I'm thinking about are Halliburton, Weatherford, Schulmberger, Raytheon, Chevron, ExxonMobil. Total SA, Repsol. I would say that these and other companies that were somewhat affected (I haven't looked at mid-cap and small-cap companies that had significant operations in Libya) and will post higher than expected earnings in Q4
What do you think monkeys? Any other assets affected by this?





Comments
General Grevious has been
General Grevious has been killed. The rebel alliance has already made a deal with the trade federation. Oil will continue to flow freely to the outer rim territories.
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Prices as of 9:54am
Prices as of 9:54am (Bloomberg)
Oil: $85.64
Total SA: 37.57 EUR
Repsol: 21.58 EUR
ExxonMobil: 78.13
Halliburton: 33.66
Schlumberger: 67.77
Weatherford In'tl: 14.47
Raytheon: 42.87
Check out my Blog
He has been confirmed dead.
He has been confirmed dead.
You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.